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SEC Company Response from CASSAVA SCIENCES INC (FLNA) (CIK 0001069530) (FLNA) — Nov 25, 2009

CASSAVA SCIENCES INC (FLNA) (CIK 0001069530)
Date: Nov. 25, 2009 · CIK: 0001069530 · Accession: 0001193125-09-242566

Regulatory Compliance Financial Reporting Internal Controls

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Confidence
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Date
November 25, 2009
Author
WILSON SONSINI GOODRICH & ROSATI
Form
CORRESP
Company
CASSAVA SCIENCES INC (FLNA) (CIK 0001069530)

Letter

VIA EDGAR AND FACSIMILE (202) 772-9198 Securities and Exchange Commission Division of Corporation Finance Attention: Jeffrey P. Riedler Nu Ri Jung Re: Pain Therapeutics, Inc. Form 10-K for the fiscal year ended December 31, 2008 Filed February 13, 2009

Dear Mr. Riedler, Ms. Hayes and Ms. Jung:

On behalf of Pain Therapeutics, Inc. (the “Company”), this letter is being submitted in reference to the Securities and Exchange Commission’s (the “Commission”) letter to Peter S. Roddy, Vice President and Chief Financial Officer of the Company, dated November 9, 2009 (the “Comment Letter”).

The Company is working expeditiously to respond to the Comment Letter. However, in order to fully address the comments from the staff of the Commission (the “Staff”) and to allow the Company an opportunity to comply with the confidentiality provisions of contracts with third parties as to which the Staff has asked the Company to provide further disclosure of terms that are not currently in the public domain, the Company respectfully requests an extension of time to respond to the inquiries contained in the Comment Letter. The Company currently anticipates submitting a response to the Comment Letter on or before December 4, 2009.

Please do not hesitate to contact me (650-565-3854) or Peter Roddy, the Company’s Vice President and Chief Financial Officer (650-645-1930), with any concerns you may have regarding the timetable described above. Thank you for your consideration.

Sincerely,
WILSON SONSINI GOODRICH & ROSATI

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CORRESP
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filename1.htm

Correspondence

 November 25, 2009

 VIA EDGAR AND FACSIMILE (202) 772-9198

 Securities and Exchange Commission

 Division of Corporation Finance

 100
F Street, N.E.

 Washington, D.C. 20549

Attention:
Jeffrey P. Riedler

Suzanne Hayes

Nu Ri Jung

Re:
Pain Therapeutics, Inc.

Form 10-K for the fiscal year ended December 31, 2008

Filed February 13, 2009

 Dear
Mr. Riedler, Ms. Hayes and Ms. Jung:

 On behalf of Pain Therapeutics, Inc. (the “Company”), this
letter is being submitted in reference to the Securities and Exchange Commission’s (the “Commission”) letter to Peter S. Roddy, Vice President and Chief Financial Officer of the Company, dated November 9, 2009 (the “Comment
Letter”).

 The Company is working expeditiously to respond to the Comment Letter. However, in order to fully address the
comments from the staff of the Commission (the “Staff”) and to allow the Company an opportunity to comply with the confidentiality provisions of contracts with third parties as to which the Staff has asked the Company to provide further
disclosure of terms that are not currently in the public domain, the Company respectfully requests an extension of time to respond to the inquiries contained in the Comment Letter. The Company currently anticipates submitting a response to the
Comment Letter on or before December 4, 2009.

 Please do not hesitate to contact me (650-565-3854) or Peter Roddy, the
Company’s Vice President and Chief Financial Officer (650-645-1930), with any concerns you may have regarding the timetable described above. Thank you for your consideration.

 Sincerely,

 WILSON SONSINI GOODRICH & ROSATI

 Professional
Corporation

 /s/ Gavin McCraley

 Gavin McCraley

cc:
Peter S. Roddy

 Pain
Therapeutics, Inc.

 Michael O’Donnell, Esq.

 Wilson Sonsini Goodrich & Rosati, Professional Corporation